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Insolvency: NNPC owes IOCs $2.84bn in 11 months

ABUJA — The insolvency of the Nigerian National Petroleum Corporation, NNPC, has been brought to the fore, with its inability to fund its obligation to International Oil Companies (IOCs), as it owes its Joint Venture (JV) partners $2.839 billion, about N567.76 billion, between January and November 2015.

UNEP Report: MOSOP gives FG 30 days ultimatum

Movement for the Survival of Ogoni People, MOSOP, has issued a 30-day ultimatum to the Federal Government to commence the implementation of the United Nations Environmental Assessment Report on Ogoni, Rivers State.

Facility manager vows to resist thuggery in 1004 estate

AGAINST the backdrop of theface-off between the management and residents of 1004 Estate in Victoria Island, Lagos, the estate’s facility manager, Messrs 1004 Estate Limited has vowed not tolerate any semblance of hostility or thuggery in the highbrow residential estate.

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